Dear Investors,
Yes, this is addressed to Serious Investors who can buy and hold till June 2022
1) TSH RESOURCES
See its results from last 3 Qtrs
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
31 Mar 2021
|
31 Mar 2020
|
31 Mar 2021
|
31 Mar 2020
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
198,717
|
209,144
|
198,717
|
209,144
|
2 | Profit/(loss) before tax |
21,023
|
6,200
|
21,023
|
6,200
|
3 | Profit/(loss) for the period |
26,448
|
7,952
|
26,448
|
7,952
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
20,783
|
2,254
|
20,783
|
2,254
|
5 | Basic earnings/(loss) per share (Subunit) |
1.51
|
0.16
|
1.51
|
0.16
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.0644
|
1.053
|
Above is January to 31st March 2021 results of TSH
Earning 1.51 sen profit
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
30 Jun 2021
|
30 Jun 2020
|
30 Jun 2021
|
30 Jun 2020
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
307,414
|
210,566
|
551,495
|
467,954
|
2 | Profit/(loss) before tax |
64,713
|
28,054
|
103,693
|
49,447
|
3 | Profit/(loss) for the period |
48,199
|
21,294
|
74,648
|
29,246
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
39,715
|
19,818
|
60,499
|
22,072
|
5 | Basic earnings/(loss) per share (Subunit) |
2.88
|
1.44
|
4.38
|
1.60
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.0820
|
1.0531
|
Above is April 1st to June 30th 2021 result
Profit has increased from 1.51 sen to 2.88 sen or up 90%
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
30 Sep 2021
|
30 Sep 2020
|
30 Sep 2021
|
30 Sep 2020
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
309,074
|
216,960
|
860,569
|
684,914
|
2 | Profit/(loss) before tax |
65,689
|
32,392
|
169,381
|
81,839
|
3 | Profit/(loss) for the period |
53,775
|
27,038
|
128,422
|
56,285
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
45,078
|
24,068
|
105,576
|
46,140
|
5 | Basic earnings/(loss) per share (Subunit) |
3.27
|
1.74
|
7.65
|
3.34
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.1394
|
1.0531
|
Above is TSH July 1st to Sept 30-, 2021 result
Profit has improved from 2.88 sen to 3.27 sen ( Up 11.9%)
Next will see TSH Result from Oct 1st to December 31 2021 to be announced in February 2022
As of now from Oct 1 st to November 25 today CPO prices are over Rm5,300 per ton (Average of July to Sept was Rm4,417)
Up almost 20%
So if prices maintan then EARNINGS FROM CPO PRICE RISE WILL REFLECT EXTRA 20% PROFITS
Then May 2022 Result TSH will even Register A Gain from Assets Disposal.
The Quarterly Reports Ahead will Grow from Strength To Strengh.
So the sell down presents us an opportunity to buy on weakness as Boss bought tons of them & holding tightly
See
KELVIN TAN AIK PEN | 13-Oct-2021 | Acquired | 400,000 | - | |
KELVIN TAN AIK PEN | 12-Oct-2021 | Acquired | 400,000 | - | |
KELVIN TAN AIK PEN | 11-Oct-2021 | Acquired | 400,000 | - | |
KELVIN TAN AIK PEN | 08-Oct-2021 | Acquired | 400,000 | - | |
KELVIN TAN AIK PEN | 07-Oct-2021 | Acquired | 500,000 | - | |
KELVIN TAN AIK PEN | 06-Oct-2021 | Acquired | 500,000 | - | |
KELVIN TAN AIK PEN | 05-Oct-2021 | Acquired | 500,000 | - | |
KELVIN TAN AIK PEN | 04-Oct-2021 | Acquired | 200,000 | - | |
KELVIN TAN AIK PEN | 01-Oct-2021 | Acquired | 250,000 | - | |
KELVIN TAN AIK PEN | 30-Sep-2021 | Acquired | 250,000 | - | |
KELVIN TAN AIK PEN | 29-Sep-2021 | Acquired | 250,000 | - | |
KELVIN TAN AIK PEN | 28-Sep-2021 | Acquired | 250,000 | - | |
KELVIN TAN AIK PEN | 27-Sep-2021 | Acquired | 250,000 | - | |
KELVIN TAN AIK PEN | 24-Sep-2021 | Acquired | 250,000 | - | |
KELVIN TAN AIK PEN | 23-Sep-2021 | Acquired | 250,000 | - | |
KELVIN TAN AIK PEN | 22-Sep-2021 | Acquired | 250,000 | - | |
KELVIN TAN AIK PEN | 21-Sep-2021 | Acquired | 250,000 | - | |
KELVIN TAN AIK PEN | 20-Sep-2021 | Acquired | 300,000 | - | |
KELVIN TAN AIK PEN | 17-Sep-2021 | Acquired | 300,000 | - | |
KELVIN TAN AIK PEN | 15-Sep-2021 | Acquired | 300,000 | - | |
KELVIN TAN AIK PEN | 14-Sep-2021 | Acquired | 300,000 | - | |
KELVIN TAN AIK PEN | 13-Sep-2021 | Acquired | 300,000 | - | |
KELVIN TAN AIK PEN | 10-Sep-2021 | Acquired | 300,000 | - | |
KELVIN TAN AIK PEN | 09-Sep-2021 | Acquired | 300,000 | - | |
KELVIN TAN AIK PEN | 08-Sep-2021 | Acquired | 300,000 |
2) JAYA TIASA
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
31 Mar 2021
|
31 Mar 2020
|
31 Mar 2021
|
31 Mar 2020
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
151,924
|
144,589
|
524,505
|
564,020
|
2 | Profit/(loss) before tax |
-23,446
|
-45,292
|
32,128
|
-22,186
|
3 | Profit/(loss) for the period |
-26,949
|
-45,664
|
12,581
|
-36,879
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
-26,875
|
-45,920
|
12,602
|
-37,420
|
5 | Basic earnings/(loss) per share (Subunit) |
-2.78
|
-4.74
|
1.30
|
-3.87
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.1600
|
1.1500
|
Above is Jaya Tiasa result from Jan to March 31 2021
It reported a loss of -2.78 sen
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
30 Jun 2021
|
30 Jun 2020
|
30 Jun 2021
|
30 Jun 2020
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
198,900
|
137,863
|
723,405
|
701,883
|
2 | Profit/(loss) before tax |
44,948
|
-107,386
|
77,076
|
-129,572
|
3 | Profit/(loss) for the period |
18,748
|
-35,071
|
31,329
|
71,950
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
18,797
|
-34,672
|
31,399
|
-72,092
|
5 | Basic earnings/(loss) per share (Subunit) |
1.94
|
-3.58
|
3.24
|
-7.45
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.1800
|
1.1500
|
Above is Jaya Tiasa result from April to June 30 2021
It showed a profit turnaround to Plus 1.94 sen
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
30 Sep 2021
|
30 Sep 2020
|
30 Sep 2021
|
30 Sep 2020
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
145,997
|
221,095
|
145,997
|
221,095
|
2 | Profit/(loss) before tax |
37,123
|
46,996
|
37,123
|
46,996
|
3 | Profit/(loss) for the period |
24,531
|
34,941
|
24,531
|
34,941
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
24,570
|
34,844
|
24,570
|
34,844
|
5 | Basic earnings/(loss) per share (Subunit) |
2.54
|
3.60
|
2.54
|
3.60
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.2000
|
1.1800
|
Above is the latest result from July to September 2021 when Cpo was at Rm4,417 a ton
It has improved from 1.94 sen to 2.54 sen (Up 30% Quarter to Quarter)
February 2022 should report Oct 1 to December 31 2021 results when Cpo is currently traded at Rm5,300 or Up 20% from June to Sept Qtr.
This 20% increase in prices of CPO plus better harvest of FFB should see Jaya Tiasa Result Improve even further
What is the current Forward P/E of Jtiasa
At 2.54 sen Annualised 2.54 x 4
= 10.16
Today Jtiasa closed at 67.5 sen
To get P/E divides 67.5 by 10.16
= 6.64 P/E
That will still get better as Jtiasa will see Cpo at Record high of Rm5,300 for next Qtr report when price has gone up further by 20%
So Jaya Tiasa is a strong turnaround stock we can enter on weakness
3) THPLANT
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
31 Mar 2021
|
31 Mar 2020
|
31 Mar 2021
|
31 Mar 2020
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
131,243
|
115,551
|
131,243
|
115,551
|
2 | Profit/(loss) before tax |
25,377
|
-14,488
|
25,377
|
14,488
|
3 | Profit/(loss) for the period |
19,581
|
-12,948
|
19,581
|
-12,948
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
14,966
|
-11,531
|
14,966
|
-11,531
|
5 | Basic earnings/(loss) per share (Subunit) |
1.69
|
-1.30
|
1.69
|
-1.30
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.6700
|
0.6600
|
Above is Thplant Jan to March 21 result
It shows a profit of 1.69 sen
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
30 Jun 2021
|
30 Jun 2020
|
30 Jun 2021
|
30 Jun 2020
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
176,148
|
127,570
|
307,391
|
243,121
|
2 | Profit/(loss) before tax |
41,562
|
25,431
|
66,939
|
10,943
|
3 | Profit/(loss) for the period |
32,584
|
13,349
|
52,165
|
401
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
26,567
|
8,157
|
41,533
|
-3,374
|
5 | Basic earnings/(loss) per share (Subunit) |
3.01
|
0.92
|
4.70
|
-0.38
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.7000
|
0.6600
|
Above shows that April to June 21 qtr price has gone up from 1.69 to 3.01 sen or up 78%
SUMMARY OF KEY FINANCIAL INFORMATION
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
30 Sep 2021
|
30 Sep 2020
|
30 Sep 2021
|
30 Sep 2020
|
||
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
1 | Revenue |
205,866
|
167,430
|
513,257
|
410,551
|
2 | Profit/(loss) before tax |
59,695
|
37,776
|
126,634
|
48,719
|
3 | Profit/(loss) for the period |
39,763
|
23,864
|
91,928
|
24,265
|
4 | Profit/(loss) attributable to ordinary equity holders of the parent |
26,805
|
15,772
|
68,338
|
12,398
|
5 | Basic earnings/(loss) per share (Subunit) |
3.03
|
1.78
|
7.73
|
1.40
|
6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.7300
|
0.6600
|
Latest result from July to Sept 21 shows slight improvement from 3.01 to 3.03 sen up a tick only
But look again. Its Nav has improved from 70 sen to 73 sen or up 4.2% (Still an increase)
Now Thplant has seen better harvest of FFB Plus Now Cpo is over Rm5,300 (Up another 20% from Rm4,417)
SO CAN WE EXPECT THPLANT RESULTS TO FURTHER IMPROVE BASING ON REVEALED FACTS & FIGURES?
Now look at Forward P/E
This qtr is 3.03 sen
Annualised 3.03 x 4 = 12.12 sen
Today Thplant has retraced to 66.5 sen
To get P/E divides 66.5 sen by 12.12
= 5.48 forward P/E
In a Rising Cpo to World Record Prices of Over Rm5,300 a ton THPLANT looks very undemanding
Note further:
This week many KLSE Companies' results are out. Most have reported negative qtrs due to MCO lock down qtr
Those that still report profits have seen performance dropped. Only a very few see improvements
Even so their P/E mostly in double digits
ASK YOURSELF
WHERE TO FIND RECESSION PROOF COOKING OIL RELATED PALM OIL CONSUMER COMPANIES IN AN INFLATIONARY TIME SELLING AT SINGLE DIGIT P/E PLUS SOME LIKE TAANN, BPLANT AND INNOPLANT GIVING OUT GENEROUS DIVIDENDS?
IF NOT PALM OIL WHAT ELSE?
WARM REGARDS
Calvin Tan
Please buy or sell after doing your own due diligence or consult your remisier/fund manager
John Neff of Windsor Fund
John B. Neff, CFA, (September 19, 1931 – June 4, 2019) was an American investor, mutual fund manager, and philanthropist. He was notable for his contrarian and value investing styles as well as for heading Vanguard's Windsor Fund.[1]
Windsor became the highest returning, and subsequently largest mutual fund in existence during Neff's management, eventually closing to new investors for a period in the 1980s. Neff retired from Vanguard in 1995. During Neff's thirty-one-year tenure at Windsor (1964 to 1995), the fund returned 13.7% annually versus 10.6% for the S&P 500.[2]
Created by calvintaneng | May 04, 2024
Created by calvintaneng | May 02, 2024
Created by calvintaneng | Apr 29, 2024
Created by calvintaneng | Apr 27, 2024
Consumers to pay more for Gardenia bread, bakery products
https://www.freemalaysiatoday.com/category/nation/2021/11/25/consumers-to-pay-more-for-gardenia-bread-bakery-products/
2021-11-25 20:49
How about Harnlen? Also a palm oil stock but yet to move and there is the possibility of privatization..
2021-11-25 21:16
calvin; stop flogging these tired horses,time to switch horses whose numbers are better.
2021-11-25 21:22
Not all are pure upstream
FGV got Palm Oil, Rubber & Sugar
Cbip got palm oil & setting up palm oil mill
KM Loong more milling than upstream
MKH is Kajang property and palm oil
TDM is palm oil & hospital
WTK is palm oil, lumber & loytape
AZRB got toll, palm oil, teaching hospital
So on and so forth
THAT IS WHY WE MUST GO FOR PURE UPSTREAM IF POSSIBLE PLUS THOSE THAT OWN THE LARGEST PALM OIL ESTATES IN PURE UPSTREAM FFB
2021-11-25 22:25
pure upstream CPO producers refer to those who produce and sell FFB and/or CPO with little or no involvement in refining/conversion (downstream) business.
Pure up stream producers are : BPlant, THplant, Taann, SWKpltn, MHC, Cepat, HSPltn, KMloong .
Upstream producers whose plantation predominantly in Malaysia are better choice.
2021-11-26 06:37
Best time to buy on weakness as Palm oil share in Spore still holding firm unlike in Malaysia where there is cheap sale due to bad sentiment
2021-11-26 15:13
Buy when others are panic selling ?
That is when we can get good n chip shares ?
2021-11-26 15:18
Posted by danny123 > Nov 26, 2021 3:29 PM | Report Abuse
Why promoter are asking people buy?
Because they are selling.
calvintaneng
43573 posts
Posted by calvintaneng > Nov 26, 2021 3:34 PM | Report Abuse X
No selling
Like this
We bought Bplant at around 56 sen
After several dividends our cost have been brought down to only 50 sen
So now at 69 sen we are still gaining more than 30% profit
SO WE ARE VERY HAPPY TO HOLD
BPLANT GOING TO GIVE ANOTHER 1.75 sen dividend soon
This is better than Bank FD
Feb 2022 Bplant will EARN EVEN MORE MONEY AS CPO HAS GONE UP BY ANOTHER 20% FROM RM4,417 to Over Rm5300
Out of profit Bplant will give 60% DIVIDEND AGAIN
SO?
SO WE HOLD
2021-11-26 15:35
Today is an even better day to buy/add plantation counters. As long as CPO prices remain at around this elevated level, an investors simply must have a counter or two in his portfolio.
2021-11-26 17:34
SOP latest to report fantastic earnings
calvintaneng Excellent results
This qtr earns 21.95 sen
Annualised 21.95 x 4 = 87.8 sen
At Rm3.53 the yield is 24.87% a year
This is similar to Berkshire Hathaway 25% performance which is excellent
It has a forward P/E of only 4.02
So it will double your money in just 4.02 years
Fantastic result indeed
The Cash received is reinvested in SOP property's condo project in Kuching plus other profitable investment
Over all it is a company of distinction after TAANN
Well done !
26/11/2021 9:20 PM
2021-11-26 21:29
Ya, fantastic earning, but disgusting dividend! Management got to act more reasonably !
2021-11-27 07:31
Yes, John
Calvin already spoken to SOP management earlier
They have got Vision & Plans ahead
I cannot disclose here. Neither will they
So just be patient.
Some people like Warren Buffet does not believe in dividend but in Company's entire business enterprise
https://www.investopedia.com/ask/answers/021615/why-doesnt-berkshire-hathaway-pay-dividend.asp
2021-11-27 07:49
Very good profit Taann and Sop. Sop should declare higher dividend. With 2 days left in November quarters reporting I notice Plantation and Steel report very good profit but depressed share price. Profit all time high PE all time low.
2021-11-27 11:04
Just buy taann, this the best raider palm oil stock loh!
Why leh ?
Good management
Big hectarage
Good earnings
Pays Good Dividend
at Good value prices
Young plantation & still growing towards peak maturity mah!
2021-11-27 12:21
Onli palm oil stocks can take care n protect our hard earn moni.
Sapu palm oil stocks !!!
2021-11-27 13:26
calvintaneng
At 66.5 sen THPLANT Has a Forward P/E of 5.48 or yield 18.24% a year
Or it will double your money in 5.48 years
Putting money in Bank FD?
The yield is 1.75%
or P/E 57.14
It will take 57.14 years to double your money which is no no
Garden bread will be increasing in prices by Dec 1 2021
Your Bank FD at 1.75% could hardly cover Bread price rise
1 liter Palm oil now retails for Rm6.70 (Up by over 100%)
So better buy Palm oil shares to protect from the ravages of high inflation
https://mydinexpress.my/emporium/product/saji-cooking-oil-1kg/
2021-11-25 20:47